ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary The Stock Market Summary If you are asking where and when this AI-focused sell-off will end, you are asking the wrong question. Instead of asking for forecasts, the calm and disciplined traders and investors ask about managing risks while seeking opportunity. Thus, the main thing that changes within this framework is … Read more
The Market Breadth Summary The Stock Market Summary The stock market finds itself in a place I did not fully anticipate, even as recently as my last market check-in. Market breadth is rebounding as I suspected it might, and the recovery increasingly looks like a bottoming process. Yet the recovery is leaving behind the once-dominant … Read more
The Market Breadth Summary The Stock Market Summary Damage from the AI trade drove the NASDAQ to its worst weekly decline since June. A convergence of events and headlines has brought the market to another critical juncture, this time in the last of the stock market’s most dangerous months of the year. The renewed tech … Read more
The Market Breadth Summary The Stock Market Summary The stock market tentatively moved away from oversold’s edge. While small caps clung to critical support, the equal weight S&P 500 rallied most of the week and even ended its primary downtrend. The supportive moves prevented market breadth from revisiting the prior week’s lows even as the … Read more
The Market Breadth Summary The Stock Market Summary High tech stocks keep winning as AI leadership carries the sector and the headline indices, but market breadth keeps failing including a steep downtrend all month. In the prior week, the AI trade hit a short speed bump on AI safety concerns, but last week’s rally confirmed … Read more